QLVvsUSMVETF Comparison
ETF 1
QLV
FlexShares US Quality Low Volatility Index Fund ETF
This fund is part of
US Multi-Factor
-0.28%
VS
FlexShares US Quality Low Volatility Index Fund ETF (QLV) belongs to the US Multi-Factor segment. iShares MSCI USA Min Vol Factor ETF (USMV) is part of the US Low Volatility segment. Both ETFs have the same top 3 sector exposures: Information Technology, Health Care and Financials. QLV is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.15% for USMV. QLV is up 3.67% year-to-date (YTD) with +$19M in YTD flows. USMV performs worse with 0.59% YTD performance, and -$239M in YTD flows. Run a side-by-side ETF comparison of QLV and USMV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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QLV vs USMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 05/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | QLV USMV | +3.36%+0.99% | +1.10%-0.36% | +3.67%+0.59% | +16.77%+3.40% | +48.83%+36.45% | +62.30%+42.01% |
| Flows | QLV USMV | -$11M-$386M | +$21M-$293M | +$19M-$239M | +$19M-$1.76B | -$34M-$12.62B | -$44M-$13.14B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | QLV USMV | +8.90%+9.30% | +8.18%+8.54% | +10.52%+10.08% | +13.06%+12.22% |
| Max drawdown | QLV USMV | -6.16%-6.41% | -6.16%-6.41% | -11.95%-9.29% | -18.21%-17.91% |
| Max drawdown duration | QLV USMV | 60d64d | 60d64d | 186d75d | 712d713d |
Trading data
QLV | USMV | |
Last sale 5/5/2026 at 1:30 PM | $74.40 | $94.66 |
| Previous close 05/04/2026 | $74.19 | $94.36 |
| Consolidated volume 05/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 30, 2026
1-year trailing difference
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QLV | USMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 5/5/2026 at 1:30 PM
Live
Closed
QLV | USMV | |
|---|---|---|
| Last price | $74.40 | $94.66 |
| 1D performance | +0.28% | +0.31% |
| AuM | $169.28 M | $22.59 B |
| E/R | 0.09% | 0.15% |
Characteristics
QLV | USMV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | FlexShares | iShares |
| Benchmark | Northern Trust Quality Low Volatility Index | MSCI USA Minimum Volatility Index |
| N° of holdings | 110 | 165 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 16, 2019 | October 18, 2011 |
| ESG | No | No |
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Exposure
Countries
QLV
USA
91.62%
Other
8.38%
USMV
USA
93.47%
Other
6.53%
Sectors
QLV
Information Techn.
30.66%
Health Care
13.43%
Financials
8.69%
Consumer Staples
8.3%
Communication Ser.
7.66%
Other
31.24%
USMV
Information Techn.
28.67%
Health Care
13.36%
Financials
11.81%
Consumer Staples
9.9%
Utilities
7.7%
Industrials
7.1%
Other
21.47%
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Diversification
QLV
Total weight of top 15 holdings out of 15
41.49%
USMV
Total weight of top 15 holdings out of 15
22.71%
Top 15 holdings
Data as of March 31, 2026
QLV
NVIDIA
5.75%
MICROSOFT-T
5.06%
APPLE
5.00%
JOHNSON&JOHNSON
4.50%
EXXON
2.88%
ABBVIE
2.26%
PROCTERGAMBLE
2.26%
COSTCO WHOLESALE
2.12%
VISA INCORPORATION
2.01%
BERKSHIRE HATHWAY
1.91%
MCDONALD'S
1.75%
ALPHABET INC-CL
1.65%
MASTERCARD
1.58%
INTL BUSINESS MACHINES CORP
1.43%
MERCK & CO INC
1.34%
USMV
EXXON
1.79%
DUKE ENERGY
1.60%
VERIZON COMMUNICATIONS
1.58%
CISCO-T
1.56%
SOUTHERN
1.56%
JOHNSON&JOHNSON
1.55%
CHUBB LTD
1.52%
WASTE MANAGEMENT
1.48%
MOTOROLA SOLUTIONS
1.46%
BERKSHIRE HATHWAY
1.46%
NVIDIA
1.46%
VERTEX PHARMACEUTICALS
1.45%
MICROSOFT-T
1.44%
MCKESSON
1.41%
CONSOLIDATED EDISON
1.39%
Frequently asked questions about QLV and USMV
How have the QLV and USMV ETFs performed in 2026?
As of May 1, 2026, QLV is up 3.67% year-to-date (YTD), while USMV has returned 0.59%. That puts QLV better performer ahead so far this year.
Which ETF is attracting more investor money: QLV or USMV?
Year-to-date, the QLV ETF saw +$19M in flows, compared to -$239M for USMV.
Which ETF is more volatile: QLV or USMV?
Over the past year, QLV had a volatility of 8.18%, while USMV experienced 8.54%.
Which ETF is bigger: QLV or USMV?
As of May 1, 2026, QLV holds $169.28 M in assets under management (AUM), while USMV manages $22.59 B.
What sectors do the QLV and USMV ETFs invest in?
QLV leans toward sectors like Information Technology, Health Care and Financials. Meanwhile, USMV focuses on Information Technology, Health Care and Financials.
What are the top holdings of the QLV ETF and USMV ETF?
QLV top holdings include NVIDIA, MICROSOFT-T and APPLE. USMV holds in its top three: EXXON, DUKE ENERGY and VERIZON COMMUNICATIONS.
Which ETF is more diversified: QLV or USMV?
QLV holds 112 securities with 41.49% of its assets in the top 15. USMV has 171 securities and a top 15 weight of 22.71%.
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